RE:RE:buy low sell high100 percent agree with you, reminds me of another company called Shopify, I remember years ago now when analyst's would come on BNN and say "no way to risky, " " do not buy that one unless you want to loose your money" et cetera et cetera, safe to say there was a lot of negativity about the stock, well, fast forward 4 years and wow, its 1200 dollars a share with a recent high price of 1600 dollars a share.
I bought it around 50 bucks as in my mind they had an awesome offerring I felt would catch on, sold when it hit 160 , sure wish I held it longer but got too scared with all the negativity from the analyst's. Today, those same people who were negative on the stock bacjk then say they should have bought it and "quickly add ..... well missed that one"
Thankfully I have matured somewhat as an investor and take with a grain of salt what most of the folks say on BNN.......Bottom line, as you said, if you believe in the company your investing in then who really cares what some analyst's say on a TV show, keep in mind they are there for one thing...to get you to buy or sell a particuliar stock and to make money of course!!!!
Cheers and have a safe weekend!!!
Welderkev1 wrote: The success of a company does not come from an analyst comment, or pumpers or shorters or day traiders. If you beleive in PYR, don't worry about all the other stuff,
on this we agree.
no need to post and repost the same information over and over
but on this I disagree. The information posted over and over again is to combat misinformation that is being posted way more than the NRs being reposted
Look at it this way, Pyr 3 weeks ago announced signing a deal with Hpq for $2.4m and 10% royalty, 10days ago closed modelling and got a draft contract for torch purchases, 7days ago signed $11.5m deal with US Navy with a $4.8m down payment. Peter had to yesterday put out a NR to reassure investors that nothing has changed because an investor went on tv and stated Pyr's contracts would take 6 months to go through and wouldn't amount to much once they did go through. Since the first deal with Hpq till now the stock has dropped $1.40 on good news. I think it's safe to say that we as investors need to fight back anyway we can. How hard is it for you to look at a post and say oh I've read that before and skip it? I know for me it takes about 2 seconds of my time and I know that the information in that post might be helpful to someone else therefore helping my investment.
StairwayTo wrote: This is all what we want to do, and this Bob guy did just that, could he have waited a little longer, maybe, he's a small cap invester and made a 300% return in a short term. Not bad. Perhaps he moved his gain to a penny stock looking for another 100% return. He may very well purchase PYR again, we don't know his strategy. He may have an influence on the sp and use it in his favor, good for him. (capitalism).
The success of a company does not come from an analyst comment, or pumpers or shorters or day traiders. If you beleive in PYR, don't worry about all the other stuff, no need to post and repost the same information over and over. We can all read the NR's Peter has made. Over doing it could have a reverse effect on investors sentiment.